-7- their fellows. It was an unconscious imitation of the English and the French systems of the seventeenth century - the fussy, cantankerous John Randolph was about the only member of Congress who knew enough of history to give Clay's so-called "American system" its proper European name. Clay fought long and hard, always dreaming of the Presidency for himself, Daniel Webster and the unscrupu- lous bank president, Nicholas Biddle, his ablest lieuten- ants. He was defeated by the rising cotton kingdom in the South and it was left to the troubled Abraham Lincoln, in the midst of a great war, 1861-64, to grant industrialists and bankers all that the dead Clay had promised them. The economic nationalism which Benjamin Franklin and George Mason had feared and warned Washington against was now firmly fixed on "free American soil" and its success was far greater than that of Clarendon or Colbert. England, France and Germany had, after long debates, adopted in the main the Adam Smith philosophy on which the Americans had gone to war in 1776. That is, Europe had adopted the ideals of Young America and opened their markets in order to sell their growing industrial output to the far corners of the world. The United States had adopted the attitude of Europe in 1776 and closed their vast domestic market while they sold billions of dollars worth of foodstuffs to England, France and Germany. There had never been any- thing like it in all history. England and Germany developed :~ more in fifty years than either of them had developed in the preceding five hundred years. It was the machine age, and populations increased faster than machines. Cyrus McCormick |